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$526,000

NAL Estimated Property Value

2216 Gulf Blvd # 105, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,167 Sq Ft
price_per_sqft$321.34 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Lot Size1,673 sqft

Building Information

Year Built1979
Stories1
Roof Type114

Land Information

APN67-1000-0000-1050-00
SubdivisionEdgewater Condominiums
Land UseResidential
Legal DescriptionEDGEWATER CONDOS APT 105, 2.704 INT IN COM AREA
Census Tract012305
Assessed Land Value$111,255
Assessed Improvement Value$361,745
Assessment Year2025

About this property

BEACHFRONT!! This ground floor, pool side, 2 Bedroom/2 Bath Condo is located in a popular Beachfront Complex with a large covered Patio that affords a view of the beach and Gulf of Mexico. Condo is sold furnished; granite counter-tops; decorative ceiling fans; tile flooring throughout; wet bar; washer/dryer room just off the Kitchen. Condo Complex is gated and features a tennis court, large heated pool and hot tub, well landscaped and maintained common area grounds. Rental Unit producing rental income. Can be rented both short-term and long-term.

Investor Tools

Property Icon
$526,000
Estimated Property Value
$0Estimated Mortgage Balance
$526,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$889/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,044
$473,000
2025
$111,255
$361,745
$473,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,044
$473,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$526,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
3.0%

City: SOUTH PADRE ISLAND

2216 Gulf Blvd # 105 | Property Details | No Agent List